Nutralife Biosciences Inc (PK:NLBS)
Business Focus: Pharmaceuticals
| Sector: Healthcare | Industry: Pharmaceuticals |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 6601 Lyons Rd COCONUT CREEK FL 33073-3627 |
| Tel: | N/A |
| Website: | https://nutralifebiosciences.com |
| IR: | See website |
| Key People | ||
| Edgar Ward President, Chief Executive Officer, Director | Neil Catania Vice President | |
| Business Overview |
| NutraLife BioSciences, Inc. is engaged in the development and distribution of nutritional and dietary oral spray products. The Company is a producer and distributor of nutritional supplements that uses micro molecular formulae and the utilization of an oral spray to provide efficient absorption. Its products are sold to private label distributors who sell the products it manufactures under their own brand name. The Company manufactures and distributes oral spray nutritional and dietary products. Its distribution strategy includes selling to private label customers retailers, distributors, and consumers through retail outlets. Its wholly owned subsidiaries include Precision Analytic Testing, LLC, NutraDerma Technologies, Inc., PhytoChem Technologies, Inc., and TransDermalRX, Inc. |
| Financial Overview |
| For the nine months ended 30 September 2022, Nutralife Biosciences Inc revenues increased 2% to $251K. Net loss decreased 37% to $3.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Stock-based compensation decrease of 84% to $391K (expense), Other income (expense) increase from $3K to $55K (income), Income from sublease increase of 11% to $55K (income). |
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